A proposed price hike that would have seen Lachlan Valley irrigators paying 150 to 270 per cent more for water over the next five years has been wound back, with IPART releasing new draft pricing restricting increases to 1.9 per cent in the first year, and CPI after that.
The Independent Pricing and Regulatory Tribunal is reviewing maximum water prices for WaterNSW’s bulk water services.
WaterNSW ...